Sourcing Success: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Sourcing Success
Largest movements
- Receivables within one year +€94,793
new in 2025: €94,793
of which Trade receivables: +€93,775
- Cash -€86,755
down €86,755 (-48.1%), from €180,529 to €93,775
mainly Contributions, distributions and other (-€135,000) and Receivables within one year (-€94,793)
- Tangible fixed assets +€1,969
up €1,969 (+61.0%), from €3,230 to €5,200
of which Furniture and vehicles: +€2,364
- Profit (loss) carried forward +€16,389
up €16,389 (+5,030%), from €326 to €16,715
- Tax, wage and social debts -€13,897
down €13,897 (-30.8%), from €45,081 to €31,185
- Trade debts +€10,025
up €10,025 (+2,005%), from €500 to €10,525
- Other debts -€2,510
down €2,510 (-2.1%), from €119,252 to €116,742
- Gross operating margin +€15,185
up €15,185 (+8.4%), from €180,871 to €196,056
- Taxes +€3,394
up €3,394 (+8.2%), from €41,250 to €44,644
- Financial income +€2,207
up €2,207 (+269,184%), from €1 to €2,208
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,759 | €193,767 | +€10,008 | +5.4% |
| Fixed assets | 21/28 | €3,230 | €5,200 | +€1,969 | +61.0% |
| Tangible fixed assets | 22/27 | €3,230 | €5,200 | +€1,969 | +61.0% |
| Land and buildings | 22 | €3,230 | €2,835 | -€395 | -12.2% |
| Furniture and vehicles | 24 | - | €2,364 | +€2,364 | |
| Current assets | 29/58 | €180,529 | €188,567 | +€8,038 | +4.5% |
| Amounts receivable within one year | 40/41 | - | €94,793 | +€94,793 | |
| Trade receivables | 40 | - | €93,775 | +€93,775 | |
| Other amounts receivable | 41 | - | €1,018 | +€1,018 | |
| Cash at bank and in hand | 54/58 | €180,529 | €93,775 | -€86,755 | -48.1% |
| Total equity and liabilities | 10/49 | €183,759 | €193,767 | +€10,008 | +5.4% |
| Equity | 10/15 | €18,926 | €35,315 | +€16,389 | +86.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €326 | €16,715 | +€16,389 | +5,030% |
| Amounts payable | 17/49 | €164,834 | €158,452 | -€6,382 | -3.9% |
| Amounts payable within one year | 42/48 | €164,834 | €158,452 | -€6,382 | -3.9% |
| Trade debts | 44 | €500 | €10,525 | +€10,025 | +2,005% |
| Suppliers | 440/4 | €500 | €10,525 | +€10,025 | +2,005% |
| Taxes, remuneration and social security | 45 | €45,081 | €31,185 | -€13,897 | -30.8% |
| Taxes | 450/3 | €45,081 | €31,185 | -€13,897 | -30.8% |
| Other amounts payable | 47/48 | €119,252 | €116,742 | -€2,510 | -2.1% |
| Non-recurring operating income | 76A | €1,101 | - | -€1,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €729 | +€185 | +34.1% |
| Other operating charges | 640/8 | €569 | €879 | +€311 | +54.6% |
| Gross operating margin | 9900 | €180,871 | €196,056 | +€15,185 | +8.4% |
| Operating profit (loss) | 9901 | €179,759 | €194,449 | +€14,689 | +8.2% |
| Financial income | 75/76B | €1 | €2,208 | +€2,207 | +269,184% |
| Recurring financial income | 75 | €1 | €2,208 | +€2,207 | +269,184% |
| Financial charges | 65/66B | €403 | €623 | +€221 | +54.8% |
| Recurring financial charges | 65 | €403 | €623 | +€221 | +54.8% |
| Profit (loss) for the period before taxes | 9903 | €179,358 | €196,033 | +€16,676 | +9.3% |
| Income taxes | 67/77 | €41,250 | €44,644 | +€3,394 | +8.2% |
| Profit (loss) for the period | 9904 | €138,108 | €151,389 | +€13,282 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €138,108 | €151,389 | +€13,282 | +9.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.